Business · Energy & Commodities · 2 days ago

Europe enters winter with low gas reserves and record Russian LNG imports

Europe enters winter with low gas reserves and record Russian LNG imports

Europe has less gas stored than usual as winter begins.

It has also bought record amounts of Russian gas shipped by sea.

An EU ban on Russian LNG starts in January, which could make supplies tighter.

Europe may need to buy more gas at higher prices or use less, especially if a cold spell arrives.

Sources

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